Richard Heelis was named CIO, equities at Pictet Asset Management, according to a company statement from Glen Cargill, senior manager, client relations. Mr. Heelis replaced Nick Mustoe, who decided to take a break in his career, according to the statement. Mr. Heelis was head of regional equities; he will retain those duties. Efforts to reach Mr. Mustoe were unsuccessful.
Aylin Suntay was named deputy CIO at Pictet, a new position. Ms. Suntay was head of small-cap equities; she will retain those duties.